Settings8H · net · $10k
Funding arb · Price arb /

ICP

all ICP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0123%/8h= −13.5% APRpaid last 24h +0.091%
Price spread now: edgeX against Kraken Futures−0.129%7-day average −0.125% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$910.914% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.463%+$46 on $10k
Price spread, last 3 days (all we have)+0.251%+$25 · spread now −0.129%, 7d avg −0.125%
Together, before fees+0.714%+ Points / potential airdropedgeX: Active · farm board+$71 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.125%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.463%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ICPUSD2.99840.0223pay 0.0028% / 1h28m 32s$488K$525K50x
ShortedgeX ICPUSDC2.99460.0100get 0.0050% / 4h1h 28m$23K$279K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Kraken Futures. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$25.83
Price spread: −0.129% → −0.125%
−$0.34
Slippage, 4 orders
−$72.44
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$117.61
Costs to cover
0.914%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 54 min ago; edgeX: live order book, 54 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 54 min ago8.36 bp41.6 bp −$42125.0 bp −$1,250doesn't fitdoesn't fit
Sell edgeX live order book, 54 min ago8.37 bp12.9 bp −$1327.3 bp −$273doesn't fitdoesn't fit

ICP on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex ICPUSDT−0.1364%8h2.9790−0.649%$1.7M$774K50xas long as short
Variational Omni ICP−0.0178%8h2.9901−0.278%$1.1M$107Kas long as short
Injective ICP/USDC PERP−0.0152%1h2.9665−1.066%$202$200K12xas long as short
Gate ICP_USDT−0.0083%8h2.9950−0.115%$1.9M$2.8M50xas long as short
dYdX ICP-USD0.0000%1h2.9973−0.038%$70K$4K5xas long as short
Deribit ICP_USDC-PERPETUAL0.0000%1h2.9969−0.052%$267$46450xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h2.9955−0.100%$27K150xas long as short
Bybit ICPUSDT+0.0094%8h2.9940−0.148%$17.4M$17.9M75xas long as short
Lighter ICP+0.0096%1h3.0021+0.122%$166K$443K5xas long as short
Aster ICPUSDT+0.0100%8h2.9989+0.015%$201K$1.4M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ICP+0.0100%1h2.9976−0.027%$136K$11K5xas long as short
Binance ICPUSDT+0.0100%8h2.9977−0.026%$29.9M$49.8M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9960−0.082%$5.9M$16.0M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9970−0.048%$19.0M$8.7M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9970−0.048%$5.1M$13.0M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9970−0.048%$6.9M$4.5M50xas long as short
BingX ICP-USDT+0.0100%8h2.9960−0.082%$4.9Mas long as short
edgeX ICPUSDCshort+0.0100%4h2.9946−0.129%$23K$279K10x
GRVT ICP_USDT_Perp+0.0100%8h2.9902−0.274%$572K$469K10xas long as short
SunX ICP-USDT+0.0100%8h2.9970−0.048%$2K$1.7M20xas long as short
HTX ICP-USDT+0.0100%8h2.9890−0.315%$106K$219K20xas long as short
Extended ICP-USD+0.0104%1h2.9966−0.062%$25K$124K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9910−0.248%$1.2M$2.3M75xas long as short
Kraken Futures PF_ICPUSDlong+0.0223%1h2.9984long leg$488K$525K50x
Coinbase International ICP-PERP-INTX+0.0240%1h2.9980−0.015%$63K$91K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0505% / S −0.0480%1h2.9954−0.100%$37K100xas long as short
Hyperliquid ICP+0.0669%1h3.0044+0.198%$4.8M$5.0M5xas long as short